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Will Machinery Investment Pay for Itself?

On yesterday’s program, we heard from Ted Nibourg, farm business management specialist with Alberta Agriculture, on his analysis of Statistics Canada data on trends in farm machinery investment in Alberta.

Nibourg says when making a decision whether or not to purchase machinery, it’s important to determine if that machinery investment will pay for itself.

Interview with Ted Nibourg (1:46 minutes) (428 Kb)

Ted Nibourg is a farm business management specialist with Alberta Agriculture.

Source: Alberta Agriculture and Rural Development